Deltek Costpoint

More About Deltek Costpoint

Unique Features

Built-in compliance & audit controls — Costpoint comes with audit trails, traceability, and compliance guardrails tailored for government contracts.

Project-first architecture — Instead of retrofitting financial software to projects, Costpoint is designed around job costing and contract structures.

AI / Smart features — The system includes “Ask Dela,” Smart Summaries, automation agents to simplify repetitive tasks. 

Scalability & segmentation — Supports SMBs (via Costpoint Essentials) as well as large enterprises with multiple business units. 

Modern UI & role-based dashboards — The Command Center reduces navigation friction and surfaces key metrics instantly. 

Fast implementation (for Essentials tier) — Predictable all-in pricing and 60-day go live.

Key Use Cases & Applications

• Government contracting / public sector projects: Enforce compliance, manage indirect rates, DCAA/DCMA audit readiness.
• Project-centric businesses: Engineering, architecture, defense, aerospace, R&D firms that need tight cost tracking.
• Multi-entity organizations: Consolidate across divisions, handle inter-entity transactions.
• Forecasting & budgeting: Align projected vs actuals across projects and portfolios.
• Time & expense capture: Track employee hours, expense reimbursements tied to contracts.
• Procurement/supply chain: Manage PO, vendor relationships, and project-level procurements.
• Business intelligence: Real-time reporting, dashboards, predictive analytics for profitability decisions.

Industry-Specific Benefits

• GovCon / Defense / Aerospace: Meets regulatory needs (FAR, DFARS, CMMC readiness, FedRAMP equivalent). 
• Engineering / AEC / Consulting: Allocate labor, materials, and overhead to projects; run “what-if” forecasts.
• R&D / Grants / Nonprofits: Manage cost sharing, indirect rates, and audit alignment.
  These verticals benefit from having contract-centric financial controls baked into the system, not as external add-ons.